Cost Code Date 06-1100M Description Variance Rough Carpentry Materials $5,000 Budget $95,000 Committed $90,000 Review the above example from a job cost report. You have just completed the "buyout" or purchasing phase of the project. Describe what the above means to you. Cost to $0

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Cost Code
Date
06-1100M
Description
Variance
Rough Carpentry Materials
$5,000
Budget
$95,000
Committed
$90,000
Review the above example from a job cost report. You have just completed the "buyout" or
purchasing phase of the project. Describe what the above means to you.
Cost to
$0
Transcribed Image Text:Cost Code Date 06-1100M Description Variance Rough Carpentry Materials $5,000 Budget $95,000 Committed $90,000 Review the above example from a job cost report. You have just completed the "buyout" or purchasing phase of the project. Describe what the above means to you. Cost to $0
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